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New Business to employ local (Read 65113 times)
 
Tee
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New Business to employ local
7th Apr, 2011 at 11:37pm
 
Hi Every one

I would like to invite everyone to put on their thinking hat! how to setup business that will employ local! The condition of the business are:

Legal title
Small capital($10,000-$25,000)
Less time to set-up, long time to gain
employ local and training skill

Thank you guys!
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Old Man
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Re: New Business to employ local
Reply #1 - 7th Apr, 2011 at 11:53pm
 
What about the timeshare business?

That sounded good.
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Tee
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Re: New Business to employ local
Reply #2 - 8th Apr, 2011 at 12:08am
 
That one is still on...but if you read the condition of this one are
short time to set-up and less capital
The time share is a long time project.  I think to build something like that in Laos would take at least 18 months to 2 years. During that time..I should have something in place....
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llX
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Re: New Business to employ local
Reply #3 - 8th Apr, 2011 at 2:52am
 
What business idea do you has in mind Tee? We need more details.
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PEACE
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Re: New Business to employ local
Reply #4 - 8th Apr, 2011 at 3:10am
 
Tee,  what do mean by 'small capital' and the amount?  Is that Lao PDR investment terminology?
Tee wrote on 7th Apr, 2011 at 11:37pm:
Hi Every one

I would like to invite everyone to put on their thinking hat! how to setup business that will employ local! The condition of the business are:

Legal title
Small capital($10,000-$25,000)
Less time to set-up, long time to gain
employ local and training skill

Thank you guys!

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Tee
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Re: New Business to employ local
Reply #5 - 8th Apr, 2011 at 5:06am
 
What I mean between $10,000-$25,000
What kind of business,I don't know.I'm asking your guy to throw in some idea! Laos is short of skilful people, Do come up with some thing that feasible and realistic...... 

My idea is a mobile Deep fried Chicken(Something like KFC or anything kind of fastfood) little van attached to motorbike.This kind of van. Can custom make in Udon Thani, Thailand around $2,500 each.(This was November,2010 price)  This van come equip with small refrigeration,gas stove and display.

This van can sell 3 different thing each day! for example
In the morning shift (5am-10am): selling coffee and doughnut,sandwich .......

Afternoon shift(11am-3am): Hamburger or what ever that Laos people like to eat at lunch time....

Evening shift(6pm-10pm) Maybe Deep fried Chicken or what ever that sell... 

There is no wage for the worker, but share profit 50/50.... For $25,000. I am sure I can get 3 vans in operation ....with no sweat!!!!!! The hard part is to find that KFC recipe.......

Now let me know about your idea.. you are also welcome to throw in your idea and improve them...... Thank guys....
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William Kelley
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Re: New Business to employ local
Reply #6 - 8th Apr, 2011 at 5:27am
 
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llX
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Re: New Business to employ local
Reply #7 - 8th Apr, 2011 at 5:47am
 
I like your fast food Van idea Tee. I also like boat rentals business, jet ski, pontoon, ski boat. How about small retail store, dollars store? Similar to what we got in the U.S and everything cost $1. We need to keep in mind average Lao worker make $100 a month, $1,200 a year. I has no experience in business.
Smiley Cool
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llX
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Re: New Business to employ local
Reply #8 - 8th Apr, 2011 at 5:48am
 
Quote:


Look sooooo good. Fast food restaurant like KFC or McDonald will be a big hit in Laos.
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Tee
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Re: New Business to employ local
Reply #9 - 8th Apr, 2011 at 10:47am
 
llX wrote on 8th Apr, 2011 at 5:47am:
I like your fast food Van idea Tee. I also like boat rentals business, jet ski, pontoon, ski boat. How about small retail store, dollars store? Similar to what we got in the U.S and everything cost $1. We need to keep in mind average Lao worker make $100 a month, $1,200 a year. I has no experience in business.
Smiley Cool

Laos local doesn't have excessive income to buy those Dollars shop,for hiding ski shop is only seasoning business,this is market for the tourist and high end Laos. Than again they will just buy their own ski.
Food is different, We all need to eat 3 meals a day and every day.
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Tee
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Re: New Business to employ local
Reply #10 - 8th Apr, 2011 at 10:51am
 
Quote:

Thanks William!!!!!!!!!!!!!!

Have you try to cook them with this recipe?
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PEACE
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Re: New Business to employ local
Reply #11 - 8th Apr, 2011 at 12:48pm
 
My idea is my own Lao 'Papa John' chain in Vientiane, Luang Prabang, Savanaket, Pakse and Champasack and in between.

llX wrote on 8th Apr, 2011 at 5:48am:
Quote:
KFC Secret Recipe...

[img]http://www.kfcchickenrecipe.com/kfc-secret-recipe.html[/url]


Look sooooo good. Fast food restaurant like KFC or McDonald will be a big hit in Laos.

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llX
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Re: New Business to employ local
Reply #12 - 8th Apr, 2011 at 5:25pm
 
Tourist industry is the second largest earner for Laos after mining. About 2.2 million tourist arrivals in 2010 generating revenues of $290 million for the country.

Boat, jet ski, ski boat rentals make sense. Tourist are want to do fun activity and there to spend money. I don't think most tourist or locals will buy their own jet ski or boat, used one cost around $4,000-$10,000 each.

Lao per capita income a year is $1,200 a year. I think they can afford to buy $1 store where everything you need is under $1 = 8,000 kip.
2millionarrivalsby2010generatingrevenuesof290millionforthecountry

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JSKI.jpg



Tee wrote on 8th Apr, 2011 at 10:47am:
llX wrote on 8th Apr, 2011 at 5:47am:
I like your fast food Van idea Tee. I also like boat rentals business, jet ski, pontoon, ski boat. How about small retail store, dollars store? Similar to what we got in the U.S and everything cost $1. We need to keep in mind average Lao worker make $100 a month, $1,200 a year. I has no experience in business.
Smiley Cool

Laos local doesn't have excessive income to buy those Dollars shop,for hiding ski shop is only seasoning business,this is market for the tourist and high end Laos. Than again they will just buy their own ski.
Food is different, We all need to eat 3 meals a day and every day.

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llX
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Re: New Business to employ local
Reply #13 - 8th Apr, 2011 at 5:44pm
 
PEACE wrote on 8th Apr, 2011 at 12:48pm:
My idea is my own Lao 'Papa John' chain in Vientiane, Luang Prabang, Savanaket, Pakse and Champasack and in between.

llX wrote on 8th Apr, 2011 at 5:48am:
Quote:
KFC Secret Recipe...

Looksooooogood.FastfoodrestaurantlikeKFCorMcDonaldwillbeabighitinLaos.
IthinkfastfoodfranchisewillworkinLaos.Youdon'tmuchthere.CoolSmiley[img]http://i485.photobucket.com/albums/rr218/AGMBakersfield/McDonalds.jpg
McDonalds-.jpg
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PEACE
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Re: New Business to employ local
Reply #14 - 8th Apr, 2011 at 6:09pm
 
Very agree and I have no doubts.  Majority of Lao population is 14-30 years young and I am sure they are hungry for more western-style food.  Once I know that it does work in Laos then there's Lao Issan in Thailand as well.

llX wrote on 8th Apr, 2011 at 5:44pm:
PEACE wrote on 8th Apr, 2011 at 12:48pm:
My idea is my own Lao 'Papa John' chain in Vientiane, Luang Prabang, Savanaket, Pakse and Champasack and in between.

llX wrote on 8th Apr, 2011 at 5:48am:
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